Page 9 - Camden County Annual Report 2015

Camden County Revenues Your Tax Camden County Expenses
Dollars
General Fund Activities at Work General Fund Activities
Fiscal Year Ending June 30, 2015 Fiscal Year Ending June 30, 2015

Revenues 2015 Actual Expenses 2015 Actual
Taxes General Government $ 10,650,336
$ 14,047,453 Judiciary
Property taxes 3,413,995 Public Safety 2,358,965
Sales taxes 2,686,661 Public Works 11,143,568
Excise & Special Use Taxes 127,762 Health & Welfare
Licenses & Permits 189,035 Culture & Recreation 1,463,745
Intergovernmental 2,799,487 Housing & Develop 713,937
Charges for Services 2,048,548 Debt Service 360,547
Fines & Forfeitures 20,906 345,111
Investment Income 93,898 Totals -
Miscellaneous
$ 25,427,745 $ 27,036,210
Totals

Camden County Maintained fiscal stability with zero debt
service and an “Aa3” credit rating given by Moody’s.
Moody's is a leading provider of credit ratings, research
and risk analysis. They are an essential component of
the global capital markets, providing credit ratings, re-
search, tools and analysis.

Revenues and expenditures were balanced with a slight
increase in the General Fund millage rate of 0.24 (a 2%
increase). In addition, there was a 1 mil increase for eco-
nomic development countywide that will be maintained
separately for the Joint Development Authority (JDA).
Achieving a balanced budget is no small task: discipline,
innovation and commitment are key. To the taxpayer, we
pledge our best effort and nothing less is acceptable.

The fourth highest rating in Moody's Long-term Corporate
Obligation Rating, obligations rated Aa3 are judged to be
of high quality and are subject to very low credit risk.

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